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Construct a long straddle on AAPL stock using July 280 options. a. What is the profit per share at expiration at the AAPL prices of

Construct a long straddle on AAPL stock using July 280 options.

a. What is the profit per share at expiration at the AAPL prices of $231.00, $256.00, $281.00, $306.00?

b. What are the breakeven stock prices?

c. What would be the benefit of using a long strangle instead of a long straddle?

image text in transcribed d. What would be the cost of using a long strangle instead of a long straddle?

* AutoSave A Svo ANO 13 - Read-Only - Saved to my Mac Home Insert Draw Design Layout References Mailings Review View Tell me Read Only To save a copy of this document, click Duplicate. Listed Options Quotes AAPL (4/22/20) APL do $270.00 Duplicate Puts SES ESS 0. 18 .. Paar 7 of 7 26 of 2509 words English (United States) P: - . * AutoSave A Svo ANO 13 - Read-Only - Saved to my Mac Home Insert Draw Design Layout References Mailings Review View Tell me Read Only To save a copy of this document, click Duplicate. Listed Options Quotes AAPL (4/22/20) APL do $270.00 Duplicate Puts SES ESS 0. 18 .. Paar 7 of 7 26 of 2509 words English (United States) P

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